[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
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  • 2026.09.08 11:35
  • [The Pinglu Canal will be completed and open for navigation on September 16th]
  • The Pinglu Canal will be completed and open for navigation on September 16, 2026. It is reported that the Pinglu Canal started construction on August 28, 2022, with a total investment of about 72.7 billion yuan and a total length of 134.2 kilometers. It is the first national level coordinated construction of the Tongjiang Dahai Canal project in China since the founding of the People's Republic of China. This canal, which has the highest domestic navigation level, is built according to the Class I standard for inland rivers and can accommodate ships of up to 5000 tons.Editor/Cheng Liting
  • 2026.09.08 11:35
  • [Shaanxi Coal Industry's coal production in August 2026 was 15.02 million tons]
  • Shaanxi Coal Industry announced that its coal production in August 2026 was 15.02 million tons, a year-on-year increase of 5.00%; The sales volume of self-produced coal reached 13.49 million tons, a year-on-year increase of 4.58%. The cumulative coal production from January to August 2026 was 120.48 million tons, a year-on-year increase of 4.02%; The cumulative sales of self-produced coal reached 110.51 million tons, a year-on-year increase of 3.51%.Editor/Cheng Liting
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